Doing Business in Brunei
Exporting to Brunei Darussalam
President Obama announced the National Export Initiative (NEI) http://www.export.gov two years ago, with the goal of doubling exports by 2012. U.S. Embassy Brunei is committed to supporting U.S. companies to start exporting or grow their exports to Brunei Darussalam. In this section, you will find a quick description of Brunei Darussalam as an export market and some suggestions for getting started.
- Visit the export.gov Doing Business in Brunei page to get an overview of economic conditions and opportunities. Access the U.S. Commercial Service Market Research Library (the most current Brunei Darussalam Commercial Guide is here) containing more than 100,000 industry and country-specific market reports, authored by our specialists working in overseas posts.
The Library Includes:
- Country Commercial Guides (read latest “Doing Business In” guides)
- Industry Overviews*
- Market Updates*
- Multilateral Development Bank Reports*
- Best Markets*
- Industry/Regional Reports*
- Contact your local U.S. Export Assistance Center for advice and support on exporting to Brunei Darussalam. Contact a Trade Specialist at the U.S. Commercial Service Office near you (http://export.gov/eac/index.asp)
- Contact your local Small Business Development Center (SBDCs)Starting a business can be a challenge, but there is help for you in your area. Small Business Development Centers (SBDCs) are partnerships primarily between the government and colleges/universities administered by the Small Business Administration and aims at giving educational services for small business owners and aspiring entrepreneurs.
Investing in Brunei Darussalam
This section provides information for current and potential investors in Brunei Darussalam.
Potential Investors: Getting Started
If you are considering investment in Brunei Darussalam, here are some steps you may wish to consider as you get started:
- Review the Brunei Investment Climate Statement produced by the Department of Commerce.
- Review the National Trade Estimate Report published by the Office of the U.S. Trade Representative.
- Register with the U.S. Embassy - If you are planning a visit to consider investment, let us know by sending an email to the contact addresses on this page.
- Visit the Brunei Ministry of Industry and Primary Resources (http://www.bruneimipr.gov.bn) and the Brunei Economic Development Board (http://www.bedb.com.bn).
- Subscribe to our Embassy Facebook page.
Current Investors: Staying Connected
If you are a current U.S. investor in Brunei Darussalam, the U.S. Embassy wants to stay in touch. Here are a few steps you can take to keep the channels of communication open:
- Register with the U.S. Embassy - If you are active in Brunei Darussalam, let us know by sending an email to the contact addresses on this page.
- Add us to your mailing lists - we are always happy to stay informed.
- Subscribe to our Embassy Facebook page.
- Set up a meeting with out economic or commerical team to discuss any issued that arise.
Working in Brunei Darussalam
In this section you will find information on business visas, travel advisories, and anti- corruption tools.
For information on obtaining a visa to visit Brunei Darussalam, visit their Immigration Website. U.S. Citizens with a valid U.S. passport with at least six months before expiry can generally enter Brunei Darussalam without needing a visa of 90 days or less, but do check the requirements listed on the website.
Make sure to check the current State Department travel advisory http://travel.state.gov/travel/cis_pa_tw/tw_1764.html for Brunei Darussalam.
The Foreign Corrupt Practices Act (FCPA) is an important anti-corruption tool designed to discourage corrupt business practices in favor of free and fair markets. The FCPA prohibits promising, offering, giving or authorizing giving anything of value to a foreign government official where the purpose is to obtain or retain business. These prohibitions apply to U.S. persons, both individuals and companies, and companies that are listed on U.S. exchanges. The statute also requires companies publicly traded in the U.S. to keep accurate books and records and implement appropriate internal controls.
More information on the FCPA can be found here: http://www.justice.gov/criminal/fraud/fcpa/
A party to a transaction seeking to know whether a proposed course of conduct would violate the FCPA can take advantage of the opinion procedure established by the statute. Within 30 days of receiving a description of a proposed course of conduct in writing, the Attorney Genral will provide the party with a written opinion on whether the proposed conduct would violate the FCPA. Not only do opinions provide the requesting party with a rebuttable presumption that the conduct does not violate the FCPA, but DOJ publishes past opinions which can provide guidance for other companies facing similar situations.
More information on the DOJ opinion procedure can be found here: http://www.morganlewis.com/documents/fcpa/
Contact Commercial Section
- BusinessUSA.gov is the U.S. Government's official web portal to support business start-ups, growth, financing, and exporting.